Search over 30,000 articles, whitepapers and reports, using the drop down filters OR type your search phrase into the search box on the right.

Lack of ULCVs could cost THE Alliance members $500 per teu on Asia-Europe

THE Alliance could find itself on the wrong side of a $500 per teu cost differential on the key Asia-North Europe trade due to its members’ failure to order more ultra-large container vessels (ULCVs), according to new analysis from Alphaliner,.

Recently confirmed orders for nine 22,000 teu ULCVs by CMA CGM (Ocean Alliance) and 11 similar units by MSC (2M) have heaped pressure on THE Alliance, whose members are “falling further behind in the megamax vessel stakes”, according to Alphaliner.

Last week saw delivery of the final 15,000 teu unit of 17 ULCVs ordered by UASC, before it was merged into Hapag-Lloyd, and the German carrier said its fleet was “now complete”.